RSI Crossed Over?
#1
Posted 24 April 2007 - 12:27 PM
#2
Posted 24 April 2007 - 12:51 PM
#3
Posted 24 April 2007 - 07:49 PM
All it takes is a lower close from the previous day on this short of a time frame.
It could be the tip of the iceberg.
(Or a pimple on an elephant's arse.)
I would be surprised to see anything lower than 1460 before another rally.
It's the Feb high and will soon be the median line of the BB. (Bottom chart)
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=0&i=p83184271201&a=103784149&r=578.png
These show a little more selling could get us to a nice buy area:
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p55108568751&a=94546561&r=8660.png
Edited by Rogerdodger, 24 April 2007 - 08:02 PM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Posted 24 April 2007 - 08:34 PM
Nice charts. Thanks.Yes, there was a cross yesterday.
All it takes is a lower close from the previous day on this short of a time frame.
It could be the tip of the iceberg.
(Or a pimple on an elephant's arse.)
I would be surprised to see anything lower than 1460 before another rally.
It's the Feb high and will soon be the median line of the BB. (Bottom chart)
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=0&i=p83184271201&a=103784149&r=578.png
These show a little more selling could get us to a nice buy area:
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p55108568751&a=94546561&r=8660.png